Increased harvesting after several four-day weeks is putting pressure on farmed Atlantic salmon prices to drop
Latest price trends
Haddock demand steady as prices rocket, some buyers switching to cod
Buyers in Europe and the US are being slow to swap haddock for cod, despite haddock prices surpassing cod and continuing to rise, with H&G at over $3,000/t (more…)
Miami salmon prices leveling off
Prices for fresh Chilean salmon fillets are finally leveling off, after explosive growth in the first months of 2013
Strong volumes, firm prices drive Scottish Salmon Co Q1 profit
Scottish Salmon Co turns around a Q1 2012 loss, with a year-on-year volume increase of 38% and firm prices (more…)
Japan tuna, mackerel trends indicate impact of ‘Abenomics’
Japanese economist using consumer trends in seafood to predict wider economic trends
Summer mackerel season takes off on back of good demand
Producers and importers are optimistic about this year’s market, as fishing in Faroes gets off to early start (more…)
Rising raw material, labor costs hit China processor’s margins
Frankfurt-listed Haikui Seafood earnings dive 17% as raw materials and labor costs hit its margins (more…)
Bakkafrost earnings up 155% on higher spot prices
Increased spot prices mean the farming segment saw an EBIT of $21.5m, but also led to a loss on value-added products
Brokerage keeps CP Foods buy rating on expected H2 shrimp recovery
Bualuang Securities maintains its buy rating for Charoen Pokphand Foods based on a recovery in the shrimp operation
First Copper River opener has plenty of reds, few kings, initial prices will be high
Initial opener came on less bad weather than expected, with 82,000 sockeye and 700 king salmon harvested (more…)
Oceana invests in canned fish stock
South Africa’s Oceana Group, close to announcing an acquisition, is shifting cash off its balance sheet into canned fish stock as quotas come down and demand grows (more…)
Farmed salmon prices reach new peak
‘There isn’t a bloody customer who can pay the price. None,’ says exporter in western Norway
(more…)
Shipping rates to increase on routes out of Asia
Fourth-largest shipping line in Europe hikes rates on routes from Asia to Europe and Americas, others expected to follow suit
Siam Canadian: Markets can’t follow Thai shrimp prices
Vannamei shrimp supply from Thailand should start to improve on small sizes by July, but high prices are expected up until then, with production in China and Vietnam also under pressure (more…)
Seafresh, Surapon hit by shrimp disease, wage hikes
A range of seafood companies report impact of shrimp disease, as well as the increase in Thai minimum wage
Norway agrees on higher minimum coldwater shrimp prices
Norwegian fishermen’s sales organization and buyers agree on increase for upcoming coldwater shrimp season (more…)
Fishmeal, oil prices to remain strong on low volumes
Drop in production of 14% for meal and 22% for oil, combined with low inventories, mean prices should remain high, say Austevoll Seafood (more…)
Morpol pushing through salmon price increases after €8m loss
Sales prices for salmon products are lagging behind the high prices for raw material, with the world’s largest salmon processor diving into the red (more…)
Leroy reports bumper profit, in line with expectations
Salmon producer boosts operating profit and revenue thanks to average 36% increase in whole superior salmon spot price (more…)
Norway Pelagic hit by low herring volumes, 30% drop in mackerel price
Processor sees profit drop 37% year on year, but profit margin is maintained (more…)










